StockDriftsGrindr Inc. · GRND · 4 · Filed
Director and 10% owner sells 500,000 shares for $7.8M
GRND
4
Insider trades
Insider sell
Source: SEC EDGAR, accession 0001833678-26-000003
What did Grindr Inc. announce?
Grindr director and 10% owner George Raymond Zage III sold 500,000 shares for $7,775,056 in two open-market tranches under a pre-arranged 10b5-1 plan.
Key details
- Two tranches: 333,600 shares at $15.62 on 09/16/2026 and 166,400 shares at $15.41 on 09/17/2026.
- Direct beneficial ownership after the sales: 7,627,743 shares.
- Zage also reports 1,385,507 shares held indirectly by an LLC and 85,926,333 shares held by Tiga Eighty-Eight Pte Ltd.
- The filing states the sales were made under a pre-arranged 10b5-1 plan.
Why it matters
This 4 reports an insider transaction at Grindr Inc.. The likely share-price reaction reads as neutral.
Neutral